GEORGE GREEN'S ALMSHOUSES
Provision of housing for poor women who are the inhabitants of the London Borough of Tower Hamlets. The charity has built eight new units of accommodation in Poplar in 2015 and purchased and renovated three flats in Bow in 2018.
Objects
THE OBJECT OF THE CIO IS FOR THE PROVISION OF SOCIAL HOUSING FOR POOR WOMEN WHO, EXCEPT IN SPECIAL CIRCUMSTANCES APPROVED BY THE CHARITY COMMISSION, ARE THE INHABITANTS OF THE LONDON BOROUGH OF TOWER HAMLETS.
Financial health, per its FY2025 accounts
The accounts state that the Charity achieved a net surplus of £26,061 for the year ended 31 March 2025, with total reserves standing at £1,878,180. Free reserves carried forward were £45,863, while the trustees maintain a reserves policy requiring liquid assets of at least £220,000 based on their 11 units. The auditor confirmed that the financial statements have been prepared on a going concern basis with no material uncertainties identified.
What the accounts disclose
“the trustees have agreed to maintain liquid assets (cash plus investments) equal to at least £20,000 per unit (i.e. £220,000 based on the current 11 units).” — page 7
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Property (HM Land Registry)
Register events
- Received assets from another charity (29/06/2023)
Trustees
- Jacinta Balchinchair
- Graham Barker
- Sandra James
- Sebastien Villard
- Sinead Gavin
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £143k | £123k |
| 31/03/2024 | £129k | £122k |
| 31/03/2023 | £119k | £107k |
| 31/03/2022 | £108k | £88k |
| 31/03/2021 | £0 | £0 |
Common questions
Is GEORGE GREEN'S ALMSHOUSES financially healthy?
Per its FY2025 accounts: The accounts state that the Charity achieved a net surplus of £26,061 for the year ended 31 March 2025, with total reserves standing at £1,878,180. Free reserves carried forward were £45,863, while the trustees maintain a reserves policy requiring liquid assets of at least £220,000 based on their 11 units. The auditor confirmed that the financial statements have been prepared on a going concern basis with no material uncertainties identified. Its FY2025 accounts were audited by SCB (Accountants) Limited.
Who funds GEORGE GREEN'S ALMSHOUSES?
Funders whose own accounts filings name GEORGE GREEN'S ALMSHOUSES as a grant recipient include TOWER HILL TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| TOWER HILL TRUST | FY2025 | £3k | to fund further garden improvements at Sarah Perry House, to include new plants and trees, related equipment, and gardener’s hours. |